Entreprenuership Study guides, Study notes & Summaries

entrepreneurship and innovation 244 notes for second semester syllabus. offered to second year students at stellenbosch university. all the infomation one needs for both the a1, a2 and a3 exams. notes are well composed and summarised making it easier for one to learn from. you do not need to use the textbook when using these notes

What is the difference between revenue and profit? - Answer- Revenue is total amount of money the business brings in during set period of time, while profit is (revenue - expenses) and the amount of money a business really made, not just brought in. What is risk? How does it relate to profit? - Answer- Risk is the dedicated time and money put towards a business where the profits are not secured, or the time and money an entrepreneur puts towards a business that may not be profitable. This rel...

MGT 420 EXAM LATEST UPDATE...

Conservative firms ________. - ANSWER-are risk-averse The word "entrepreneur" was originally used to describe people who "_______" between buyers and sellers. - ANSWER-take on the risk An entrepreneur assembles and then integrates all the resources needed to transform an invention into a viable business. What is NOT a resource assembled by an entrepreneur? - ANSWER-Confidence Established firms with an orientation toward acting entrepreneurially practice _______. - ANSWER-Corporate E...

MEDICAL_ENTREPRENUERSHIP_PRESENTATION

Nurse Entreprenuership Innovative Healthhcare

Learn all about the ins and outs of entrepreneurship 1 by going over these notes and committing the terms and information to heart.

HOW TO BUILD AN ENTREPRENUERSHIP FIRMS

what is entrepreneurship Correct Answer: is a process through which individuals and groups pursue opportunity, leverage resourses, and initiate change to CREATE VALUE who is an entrepreneur Correct Answer: pursuing opportunity, acting with passion , for a purpose, living proactively and leveraging resources to create value. an entrepreneur is a ___ not a __ Correct Answer: doer not a dreamer an entrepreneur destroys..... Correct Answer: exisiting economic order by introducing new pr...

This lecture note contains the information about BUS101: Introduction to Business. It is under Unit 1: Context to Business, 1.1 Business Basics: What is Business? Under this is Section 1: The Goals of Business